Plan Ledger DOL Form 5500 · updated monthly

Scott and Murphy, Inc.401(k)

SCOTT AND MURPHY, INC. PROFIT SHARING PLAN · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
0.00%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Scott and Murphy, Inc. reported $175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,201 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.001% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 275th-largest of 871 plans among Kentucky employers on file, and the 1,932nd of 5,337 in construction. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,363,607
Participants with balances216
Active participants219
Employer contributions$920,000
Employee contributions$1,203,874
Employer contribution per active participant$4,201
Average account balance$98,906
Benefits paid to participants$1,638,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 216 accts · $920K emplr
2023$18.9M · 222 accts · $690K emplr
2022$15.1M · 210 accts · $613K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175
Total administrative$175
The Scott and Murphy, Inc. 401(k) match · 2024
Employer contribution per active participant$4,201
Median for plans this size$2,416
2024$4,201 per active participant
2023$3,592 per active participant
2022$2,959 per active participant

Scott and Murphy, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY SMITH BARNEYindirect comp
NATIONAL FINANCIAL SERVICES LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$175 · 0.00%
2023$307 · 0.00%
2022$200 · 0.00%
Same employer
Similar plansConstruction · Kentucky
Ivan Ware & Son Inc. KY$32.4M · 0.57%
Denham-Blythe Co., Inc. KY$21.3M · 0.47%
Charah, LLC KY$21.2M · 0.53%
The Wells Group, LLC KY$19.6M · 0.12%
The Allen Company, Inc. KY$18.2M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611015606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.